A mobile phone production line of Samsung Electronics company in northern Thai Nguyen province (Photo: VNA) Nguyen Thien Nhan, President of the Vietnam Fatherland Front Central Committee, received outgoing Samsung Vietnam General Director Shim Won Hwan and his successor Han Myong-sup on March 11. At the reception, Nhan highlighted Samsung’s significant contributions to Vietnam through its medium- and long-term investments and scientific research studies, particularly the recent research collaboration with three major universities in Hanoi. He asked the company to consider providing additional living space for Vietnamese workers and said the front is willing to support Samsung’s operations in the country. According to the incoming General Director Han Myong-sup, the Samsung Vietnam complex in northern Thai Nguyen province currently employs 42,000 labours. In March 2015, it plans to construct nine additional dormitories to accommodate workers, he said.-VNA … [Read more...]

PANO - Samsung Vietnam Mobile Research and Development Centre (SVMC) and the University of Technology of Hanoi National University on July 16th signed in Hanoi a cooperation agreement for the Samsung Talent Program (STP) to support students studying mobile software development. Accordingly, the program will offer 420 scholarships to best students from the Hanoi University of Science and Technology, the Posts and Telecommunications Institute of Technology, and the University of Technology. After graduation, students will have a chance to work at the SVMC. … [Read more...]

Vietnam Samsung Electronics Company has shipped the first batch of 20,000 made-in-Vietnam mobile phones to Thailand, Singapore and the United Arab Emirates, state media quoted the company's General Director Yoo Young Bok as saying. The batch included both low-cost and high-class products, which were newly-produced in Vietnam and favored by many Vietnamese consumers. Located in the Yen Phong I Industrial Zone in the northern province of Bac Ninh, Samsung Vietnam has increased its production output to serve both domestic and overseas markets. This is among seven mobile phone production plants of Samsung Group. With a capacity of 60 million products/year and a total investment capital of US$670 million, the plant is rated as one of the largest mobile phone producers in Vietnam, and employed more than 600 local workers. (VNA, HCM City Law) … [Read more...]

Samsung Electronics Vietnam Co. Ltd. has shipped abroad the first batch of 20,000 cell phones to the United Arab Emirates, Thailand and Singapore. The products, at low, middle and high prices, are the first cell phones made by Samsung Vietnam, which is eyeing markets in regional countries such as Vietnam, Indonesia and Malaysia. Being one of seven mobile phone factories worldwide run by the Samsung Group, Samsung Vietnam has registered an investment capital of 670 million USD and is capable of producing 60 million cell phones a year. Located at the Yen Phong I Industrial Zone in Bac Ninh province, the company is using materials and components from 32 suppliers, including 15 local ones. It is employing more than 600 workers, of whom 60 percent are locals. … [Read more...]

Fourteen national teams from six countries and territories will attend the Samsung Vietnam Cup 2006 - an open Taekwondo competition scheduled for this weekend. The three-day event, on from August 25-27, will see Taekwondo fighters competing in sixteen weight categories from both men's and women's in Phan Dinh Phung sports house in Ho Chi Minh City. … [Read more...]

South Korea's Samsung Electronics announced Friday that its mobile phone factory in Vietnam has recorded an export turnover of US$1 billion, making the plant one of the company's most successful projects worldwide. Samsung's mobile phone factory in Vietnam … [Read more...]

Samsung Vietnam has denied a rumor about its relocation of an operational mobile phone production facility from Bac Ninh Province in the northern region to a neighboring locality. Tuoi Tre (Youth) newspaper that there is no such thing as moving its existing production base to Thai Nguyen, another northern region, following the expiration of tax incentives offered by Bac Ninh. Though the revenue generated by the Bac Ninh plant, which is located in the Yen Phong Industrial Park 1, went down in the first quarter of this year, it would not be the reason for any relocation, the representative said. The main reason for the revenue decrease is that Samsung Bac Ninh is the investment stage with a large number of machines and equipment being assembled so that plant can produce premium phone lines like the Galaxy S6 and Galaxy S6 Edge with metal frames, he said. "Even though there are some fluctuations, the revenue the plant is expected to earn until the end of this year will remain … [Read more...]

VietNamNet Bridge – Samsung’s plan for $32 billion in export value was submitted to Prime Minister Nguyen Tan Dung by the Minister of Planning and Investment Bui Quang Vinh on Monday. Vinh said the Ministry of Planning and Investment had examined Samsung Vietnam’s exports in 2014 and confirmed the figure of $26.3 billion. For the 2015 plan, Minister Vinh said that Samsung Vietnam has had two new factories in Bac Ninh and Thai Nguyen, but its turnover has dropped because of Apple’s competition. Currently, it has passed Apple and Huawei (China) thanks to the new product - a steel-covered Galaxy. "Samsung has announced its export plan of $30 billion this year. We have checked the two factories in Thai Nguyen and Bac Ninh and saw that the Thai Nguyen factory can yield at least $16-18 billion and $18 billion for the Bac Ninh factory, so it is almost certain that Samsung Vietnam can reach $32 billion or more," Vinh said. In addition, the Minister said that … [Read more...]

Samsung Electronics Vietnam has received what the Vietnamese government has called the "best deal" in tax breaks for its investments in the country. Local media reported that the deal was struck in mid-September, nearly one year after the company began seeking incentives for expanding facilities and developing advanced technology at its plant in the northern province of Bac Ninh. The factory produces hi-tech devices including mobile phones and tablets. The company last year sought tax incentives for the expansion project of its existing plant. It had already had the same preferential treatment for the existing plant. Current investment regulations in Vietnam rule out incentives for expanding existitng projects. … [Read more...]

Samsung is willing to partner with local part suppliers but there are in fact few qualified businesses, the general director of the electronics titan's Vietnam complex has said. Tuoi Tre (Youth) newspaper in an interview published Thursday. … [Read more...]